ESR-REIT Annual Report 2024 127 Material Factor Targets Time Horizon 2024 Performance New Achieve total 15.0% reduction1 of absolute Scope 1 and 2 emissions for Singapore MTBs’ common area with operational control by FY2027 from baseline year FY2023 Medium Term Scope 1 and 2 emissions for Singapore MTBs’ common area reduced by 17.4%, from FY2023 to FY2024 New Achieve total 25.0% reduction1 of absolute Scope 1 and 2 emissions for Singapore MTBs’ common area with operational control by FY2030 from baseline year FY2023 Medium Term On track Updated Achieve total solar capacity of 30 MWp for the Singapore portfolio by FY2030 Medium Term Solar capacity of the Singapore portfolio increased to 15.5 MWp in FY2024 Climate Change Adaptation New Achieve Net Zero by 2050 Long Term On track Water Obtain Water Efficiency Building (“WEB”) Certification for all MTBs in Singapore by FY2025 Short Term 27 out of 32 MTBs in Singapore are WEB certified as at FY2024 Achieve 14.0% water intensity reduction for Singapore MTBs’ common area with operational control by FY2030, compared to FY2023 Medium Term Water intensity decreased by 1.8% from FY2023 to FY2024 Employee Engagement and Satisfaction Achieve >75.0% employee satisfaction rate Perpetual Achieved employee satisfaction rate at 84.2% Achieve >80.0% survey response rate Perpetual Achieved employee response rate at 93.9% Achieve 16.0 training hours on average per year per employee Perpetual Achieved average of 36.5 training hours per employee Diversity and Equal Opportunity Have four age group categories represented on the Board: 30–50, 50–60, 60–70 and >70 age groups Perpetual All four age groups are represented Have Board members with various tenures with the Manager’s Board Perpetual Board members are from the ‘0-3’, ‘3-5’ and ‘5-7’ years tenures 1 Reduction will include the substitute of brown energy consumption with green energy sources such as solar power for the Singapore MTB assets.
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